Boston, MA — December 18, 2015 — Digital Performance software company Dynatrace, today announced that Gartner has positioned the company as a Leader in the 2015 Magic Quadrant for Application Performance Monitoring (APM) Suites for an unprecedented sixth consecutive year. Dynatrace, which became an independent company in early 2015, has leveraged this independence to accelerate innovation, agility and growth. The company is the only vendor to maintain its leadership position in the Magic Quadrant every year since Gartner introduced it. View the report, here.
“Our leadership is driven by the trust our new and long-term customers have placed in us to help them simplify managing their applications and optimize their users’ experiences” said John Van Siclen, CEO at Dynatrace. “Helping our customer succeed– whatever their industry, their size or their maturity, will continue to fuel our growth. We have some exciting innovations in store for our customers and will continue to combine the strength, stability and scalability of a global leader with the agility and innovation of a start-up.”
According to Gartner, the market grew by 15.8% in 2014, the highest growth rate within the IT operations management market.i In terms of market size, APM accounted for $2.6 billion in 2014.ii Additionally, Gartner expects that “by 2020, 60% of APM buyers will reside outside of IT operations organizations, up from less than 35% today”,iii which we feel puts Dynatrace in the perfect position to continue to expand its customer success.
This has been a record-breaking year for Dynatrace. In May, Gartner named Dynatrace the worldwide APM market share leader, with 12.5% of the global market and more than three times the revenue of other new generation APM vendors. With over $400 million in annual sales, the company is the industry’s leading performance management solution provider by technology breadth and depth, revenue and customer base.
“We are very proud of this leadership recognition from Gartner. More importantly, we are honored by our customers’ confidence in our people, our software and our digital performance management direction,” said Van Siclen. “Together, we believe these are the true validation of our focus on driving application performance to new heights.”
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i Gartner, Inc.: “Market Share Analysis: Application Performance Monitoring, 2014,” by Federico De Silva, May 27, 2015
ii Gartner, Inc.: “Market Share Analysis: Application Performance Monitoring, 2014,” by Federico De Silva, May 27, 2015
iii Gartner Magic Quadrant for Application Performance Monitoring Suites, by Cameron Haight, Will Cappelli, Federico De Silva, December 17, 2015